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__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

According to the report, “Import duty
certifications, bill of ladings, Letters of
Credits (LCs)/Form Ms and other
documents were perfected with the
active connivance of the Department
of Petroleum Resources (DPR),
Petroleum Products Pricing Regulatory
Agency (PPPRA), bank officials,
Nigerian Ports Authority (NPA), the
Nigerian Maritime Administration and
Safety Agency (NIMASA) and other port
authorities clearing agencies."
Did you say active connivance? When are they going to be tried since they're complicit in the fraud?

__________________
In love as in life, there is always hope that things will work out in
the end, but in the stock market, hope can destroy your portfolio.

The current economic team is advising the government to borrow externally which exposes us to FX fluctuations, these won't be so bad if our currency were stable or if we weren't a bunch of consumers. In the short term I expect a drop in interest rates, stability in the Naira and a very bullish capital market, but as oil prices fall I expect all hell to break loose.

Right now I'm looking for a $ or £ denominated bond that can pay me around 10% so when I move my NSE loot I would have somewhere to park it.

The current economic team is advising the government to borrow externally which exposes us to FX fluctuations, these won't be so bad if our currency were stable or if we weren't a bunch of consumers. In the short term I expect a drop in interest rates, stability in the Naira and a very bullish capital market, but as oil prices fall I expect all hell to break loose.

Right now I'm looking for a $ or £ denominated bond that can pay me around 10%so when I move my NSE loot I would have somewhere to park it.

Hmmm... Where do you think you can get that kind of return on a Foreign currency denominated bond in this current global economic climate? Look before you leap.

__________________The cheapest stock in an overvalued market may still be overvalued

oga Nosa, with interest rates at almost zero, I doubt if a highly rated corporate will pay you a 10% coupon. You are most likely going down the quality spectrum, maybe high yield bonds, to capture your 10%. As they say, the higher the risk, the higher the reward

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith